Xoom IPO Advisory

IPO Research - IPO Boutique

<< Return Home

Subscribe Now
  IPO Boutique Blog
  FREE IPO Newsletter
IPO Central
  IPO Calendar
  IPO Pipeline
  Track Record
  2017 IPOs
    IPO Pricings
    Industry Breakdown
  2016 IPOs
  2015 IPOs
  2014 IPOs
  2013 IPOs
  2012 IPOs
  Sample IPO
  Rating Scale
  IPO Primer
  Current Week
  Track Record
  2017 Secondaries
  2016 Secondaries
  Secondaries Primer
International publications
quoting IPO Boutique
founder Scott Sweet
General Info
  About Us
  Contact Us
  Site Map

For IPO Boutique's "scale of 1 to 5" BUY rating on Xoom, and our comprehensive analysis, click the "Buy Market Research" link.
Price Range
Issue Price
Trade Date
[ Nasdaq ]
$13.00-$15.00 $16.00 $21.006.325 million2/15/2013
Barclays Capital, Needham & Co.
Raymond James, Baird

Filed 2013-01-11

Xoom Historical Chart - Click chart for current quote

About Xoom (adapted from Xoom prospectus):
Xoom is a pioneer and leader in the online consumer-to-consumer international money transfer industry. Customers use Xoom to send money to family and friends in 30 countries. Xoom's money transfers are initiated online or through a mobile device and can be sent at any time, from any Internet-enabled location. Recipients receive money in the manner they prefer and to which they are individually or culturally accustomed, at major banks and leading retailers.

Xoom does not pay originating agent commissions and the majority of transfers are funded directly from bank accounts, which lowers the cost of sales. Xoom has developed extensive partnerships with major banks and leading retailers who form their global disbursement network across 30 countries and deliver a high quality of service through regionally-recognized, trusted brands. Their foreign exchange revenue is derived from the difference between our cost to buy local currency and the price at which we sell the currency, referred to as our foreign exchange spread.

This description is adapted from prospectus. This description is not intended to be a recommendation to buy stock from this company. To see the company's full description, view their prospectus.

Share this IPO Profile:

IPO Boutique aggregates information on public companies and private companies, such as "XOOM" IPO, which is intended to educate our readers and help them evaluate potential investment opportunities and market conditions. We endeavor to research the financial industry and obtain independent verification of factual statements before presenting them to our users. Be informed.

Need a recommendation? Visit our Testimonials page and see over 200 investors singing our praises.

Used our Comprehensive Single Promo Advisory and want more?
We also offer a monthly or annual subscription

© 2005 - 2017 IPO Boutique. All Rights Reserved